Brick Duplex with Fenced
219 Janelle Dr #A & B, Copperas Cove, TX 76522
For Sale
$298,000
The two residences each have three bedrooms and two bathrooms, with one unit vacant and the other occupied by a tenant.
Property Size2,380 SF
Price / SF$125.21
Days on Market50
Property Features for 219 Janelle Dr #A & B
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
tile flooring
smooth top stove
refrigerator
washer and dryer hook up
chain link fence
Building Details
Year Built
Buildings
Construction
Listing Agency:
Mahler Group
(254) 760-3489
Listed By:
Homecity Real Estate
(254) 939-3585
Source:
Homecity
Added: Sep 24
Changed: Nov 12
Last Checked: Nov 12 at 8:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mahler Group
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Investment Insights
Based on property information with market context.
Built in 2004, this 2,380-square-foot brick duplex contains two three-bedroom, two-bathroom units. Each unit is described with a one-car garage and utility area. Apartment A has tile flooring throughout and has been freshly painted; it is vacant. Apartment B is tenant-occupied, with the tenant in place for more than two years.
The property occupies a corner lot in Copperas Cove with chain-link fencing. Apartment A includes a smooth-top stove and refrigerator, along with washer and dryer hookups.
The property occupies a corner lot in Copperas Cove with chain-link fencing. Apartment A includes a smooth-top stove and refrigerator, along with washer and dryer hookups.
Key Highlights
- 2,380‑square‑foot brick duplex built in 2004
- Two units, each with 3 bedrooms and 2 bathrooms
- One unit is vacant; the other has a tenant who has been in place for more than 2 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,571
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,420
$411.4K
Cap Rate 7%
$293,871
$293.9K
Cap Rate 9%
$228,567
$228.6K
Market Conditions
NOI Build-Up for 2,380 SF
Gross rent
$31.4K $13.20/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$29.4K $12.35/SF
− OpEx
−$8.8K −$3.70/SF
NOI
$20.6K $8.64/SF
Area
Coryell County, TX
Vacancy
6.46%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,420
Cap Rate 7%
$293,871
Cap Rate 9%
$228,567
Alternative Uses
Best Use
Multifamily LT 5
$293.9K
$257.1K – $342.9K
NOI $20,571 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$271.9K
$237.9K – $317.2K
NOI $19,032 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$571.7K
$500.2K – $666.9K
NOI $40,016 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 76522, TX
41,123
Population
17,370
Households
2.4
Avg Household Size
34
Median Age
21%
College-Educated
94%
High-School Grad
115.0 sq mi
ZIP Area
358
Density / Sq Mi
$70,629
Median Household Income
$39,126
Median Earnings
$1,029
Median Rent
$174,000
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Copperas Cove, TX
Properties on Market for Duplexes in Copperas Cove
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The two residences each have three bedrooms and two bathrooms, with one unit vacant and the other occupied by a tenant.
Where is this duplex located?
The property is located at 219 Janelle Dr #A & B Copperas Cove, TX.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: 2,380‑square‑foot brick duplex built in 2004; Two units, each with 3 bedrooms and 2 bathrooms; One unit is vacant; the other has a tenant who has been in place for more than 2 years
